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News Brief | January 2014

NTPC ties up with KfW for Euro 55 mn loan

National Thermal Power Corporation (NTPC) has tied up a fixed interest term loan facility for EUR 55 million with KfW, the German government developmental financial institution to part finance the capital expenditure on Electro Static Precipitators and other selected packages of its Mouda Stage-II power project. An agreement to this effect was signed recently by GK Sadhu, Executive Director (Finance) on behalf of NTPC. The facility has a door to door maturity of 12 years including availability period of 4 years
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